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  1. The_Krakenite

    Kevin O'Leary on FTX

  2. The_Krakenite

    BlackRock now offering Bitcoin Investing to Institutional Clients

    Alright, looks like Crypto may moon again within a month. How can I tell? Because this morning I used my monthly dividends to bet on more fire-sale REITs. Canadian REITs won't pay out distributions again until the middle of December. That means, for not buying more Ether today, I will get...
  3. The_Krakenite

    Genesis Suspending Client Withdrawals for Lending Arm Citing 'FTX Impact'

    Then that makes both Buffett and Munger liars :fistbump:
  4. The_Krakenite

    Crypto world rife with fraud, reckless gambling and idiocy

    I wonder... where was the out-rage... and what happened to the free-markets that day... Unless you're the 1%, don't fucking take the opposite side of the 1%. You either lose to their insider-trading, or the rare time you win by luck you STILL lose.
  5. The_Krakenite

    Alameda is next

  6. The_Krakenite

    3 Arrows Capital lays blame on SBF (very cringy interview)

    It was too cringy I can't even watch it a second time. Makes me uncomfortable to watch. The guy can't even look straight into the camera, he's coming up with excuses... and as he does so, he just rolls over and over.... Uhh- ummm- ummm- uhhh-uhhh- ummm.... Then uses grammar that I only hear...
  7. The_Krakenite

    Kevin O'Leary on FTX

    Maybe he's not an idiot, but he did manage to get his exchange banned from North America. That SHOULD worry you at least a little... BitFinex is also banned here in Canada, because we know what's going to eventually happen with Tether. And that's going to be the BIG ONE when it does. SBF's...
  8. The_Krakenite

    Alameda is next

    Despite the hype of 50-shades has died down somewhat, there definitely seems to be a lot of men in my town snooping around for the best local Pro-Dommes (don't ask me how I know this so well). That said, I can only imagine the volume of e-mail SBF used to get by every Fin-Domme across the...
  9. The_Krakenite

    Genesis Suspending Client Withdrawals for Lending Arm Citing 'FTX Impact'

    I wonder what the realistic chances of this happening are... in relation to our lifetimes. I fear catching Ethereum at triple-digit prices is just too tuff a wall to break. It only happened for a very short moment in time during the Luna collapse, and was quickly eaten up by the buy-wall that...
  10. The_Krakenite

    Crypto world rife with fraud, reckless gambling and idiocy

    I watched bank after bank after bank go under during the financial crises, and even AFTER the crisis it continued for quite some time as the fallout continued doing its numbers. I even watched the hedge funds go bust and multiple blow-ups... look them up for that time period, you will come...
  11. The_Krakenite

    FTX files chapter 11

    Look at the ridiculous raise in CEO pay over the decades. And they are NOT being rewarded here anything they deserve. I can show you an infinite amount of failing and failed zombie companies that just go bank-rupt, and yet the CEO STILL takes home millions a year in salary for doing such a fine...
  12. The_Krakenite

    Newbie Stock Question

    I was going to say... splits & merges need to be checked as well. Things can get a bit wonky with other oddities too... like when another spin-off is made etc... return-of-capital... and sometimes you get paid in stock equity, versus dividends. That said, I may be over-complicating this for...
  13. The_Krakenite

    SBF (Alameda Research) was behind failed Binance attack in 2019

    The lesson here is... Don't MESS with the bigger guy. SBF was enemy #1 with the biggest exchange out there. The one that really could BREAK him... and that's what happened. Of all the exchanges he could have chosen to have tangled with, he picked the worst possible opponent. Usually, before...
  14. The_Krakenite

    To Everyone saying Bitcoin will go to 10k or 5k....

    Well, ETH is still above where I bought it last week. Frustrating, as I had been hoping for it to get dragged down after Solana. Seems there are a lot of bag-holders refusing to give up some shit-coins though. In any case, just (in case) last week really was the bottom for blue-chips, I...
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